Daily Memo: Evergrande Keeps Mum on Bond Payment Deadline
The firm was supposed to make a major payment on Thursday.
Watching for signs. There are conflicting reports about whether embattled Chinese property giant Evergrande made a major dollar bond interest payment that was scheduled for Thursday. The company seems intent on taking advantage of a 30-day grace period following the deadline. Curiously, there hasn’t been any sort of vague, reassuring statement from the company aimed […]